Bank of Canada Governor Tiff Macklem says the central bank may have to raise interest rates further, given inflation may stay high for some time.That’s according to prepared remarks the governor is delivering before the Calgary Chamber of Commerce today.His speech comes one day after the central bank decided to hold its key interest rate steady at five per cent as signs of a slowing economy grow.However, Macklem says today that the central bank’s governing council agreed rates may need to rise again if inflationary pressures persist.Canada’s inflation rate was 3.3 per cent in July, but t

US President Joe Biden is going to India for the first time on September 8 on a 3-day visit.He will reach Delhi by Air Force One.Prime Minister Narendra Modi may also welcome him.On September 8, Biden will also hold a bilateral meeting with PM Modi.The White House has issued a press statement saying that he will travel from the US to Ramstein, Germany, and from there to India.After this, he will attend the G-20 Summit to be held on September 9-10.Biden will be staying at the ITC Maurya Hotel in Delhi.The US Secret Service team has reached India three days ago to provide security to Biden.Biden

The matter of taking off the passengers from the Air Canada flight has now reached the Public Health Agency of Canada.The Public Health Agency of Canada said they are in contact with Air Canada.In fact, on August 26, in a flight coming from Las Vegas to Montreal, two passengers refused to sit on the seat covered with vomit, due to which there was a lot of argument in the plane and the passengers were taken off the plane.All this incident was shared by a woman named Susan Benson on her Facebook post.However, yesterday Air Canada apologized in this matter that the passengers did not get the serv

An analysis has found that Western Canada was one of the global hot spots in a summer that climate change made one of the warmest on record.The extensive study by Climate Central concludes that Canada saw nine days of high temperatures that were made at least three times more likely by greenhouse gases.It also says average temperatures in Canada during July and August were 1.5 degrees warmer than average, one of the highest increases in the world.Climate Central uses peer-reviewed methods to attribute the contribution of climate change to daily temperatures around the world.Its report follows

The federal government has tapped a Quebec judge to head a public inquiry into allegations of foreign interference in Canada's affairs.Two government sources, who spoke on the condition of anonymity to discuss matters not yet made public, confirmed that Quebec Court of Appeal Justice Marie-Josee Hogue will lead the probe.Prime Minister Justin Trudeau says Public Safety Minister Dominic LeBlanc, who is also the minister for democratic institutions, is set to announce the public inquiry today.Opposition parties have been demanding a public inquiry for months over allegations the Liberals failed

Prime Minister Justin Trudeau is continuing his tour of the Indo-Pacific region this week with a visit to Singapore to promote Canadian business and products.His two-day visit is expected to include meetings with business leaders in the region, as well as meeting with Singapore Prime Minister Lee Hsien Loong.Trudeau is in Asia this week to promote trade as well as Canadian energy and products, meeting with Indo-Pacific leaders and attending two summits.The visit to Singapore comes after a stop in Jakarta, Indonesia, where Canada launched a strategic partnership with the Association of Southeas

Children in Quebec are becoming living speed cameras as a way to get drivers to slow down in school zones.Police in the Montreal area are equipping a handful of schoolchildren with backpacks that display passing vehicles’ speeds.The demonstrations are part of a series of measures municipalities are deploying to better secure school zones this year.The City of Montreal is launching biweekly police operations to crack down on dangerous driving around schools.It’s also raising sidewalks and reducing the size of lanes on streets by dozens of schools to improve safety and calm traffic.Efforts t

Flights have started from Sahnewal Airport in Ludhiana, Punjab from Wednesday.Chief Minister Bhagwant Mann arrived at Sahnewal to flag off the new airport.He said that the flight time starting from Sahnewal Airport to Delhi-NCR is about an hour.Along with this, Chief Minister Bhagwant Mann said that flights from Ludhiana to Hindon have started.He said that the rent for the initial three months will be Rs 999.The work at Halwara terminal is also going on, and funds have been released by the government.Chief Minister Mann said international flights to London, Toronto and New York are expected to

NDP Leader Jagmeet Singh says the federal government needs to review the mandate of the Bank of Canada to put people first.Singh's comment today comes as the bank holds its key interest rate steady at five per cent after raising it 10 times since March of last year.Singh says while interest rates won't rise, they're still higher than they have been in the last 20 years.Bank of Canada rates have taken on more of a political tone as Canadians struggle financially, with the Ontario and British Columbia premiers making direct appeals to the bank in recent days to not increase rates.Ford tweeted to